Online Media Jobs Grow As Print Media Jobs Decline [STUDY]

Online Media Jobs Grow As Print Media Jobs Decline [STUDY]

Online only news outlets have been growing at a historic pace, creating 3,000 new journalism jobs among the 30 top online only media firms, while close to 63% of US adults watch videos online, according to a study by Pew Research Center.

Online media video consumption becomes commonplace

The Pew study, The State of News Media, studied 30 large media web such as Huffington Post, Buzzfeed, Gwaker, Vice, Politico, as well as 438 smaller start-ups, found a growing trend towards watching news video online.  63% of all US adults watch video of all kinds online, while 50% of people under 50 years old view news video online, while 10% post their own videos.

Oakmark’s Nygren faces off with Morgan Stanley’s Lynch on disruption

activist short selling Investing investThere has been much talk in recent years about disruption and trying to pick companies that will disrupt their industries. The debate continued at the Morningstar Investment Conference as Bill Nygren of Oakmark Funds faced off with Morgan Stanley's Dennis Lynch. Q2 2021 hedge fund letters, conferences and more Persistence Morningstar's Katie Reichart moderated the Read More

Hard to give up internet, cellphones

Pew hard to give up Online media Media

A major trend the study noted was the importance of the Internet and cell phones in everyday life relative to television.  Asking the question: How hard would it be to give up your cellphone, Internet, television, or landline phone, the study pointed to the insight that giving up the Internet and cellphones were most difficult, a growing trend, while giving up television and landline phones continued a downtrend.

Print is not dead

This is not to say that “print is dead,” the study noted. Traditional print and television garner over half of the money supporting journalism, despite the fact that newspaper revenue was down 52% from 2003 to 2012 (the most recent data point).   “The vast majority of bodies producing original reporting still lie within the newspaper industry,” the study observes. “But those newspaper jobs are far from secure.”  The report notes full-time newsroom employment dipped by 6.4% in 2012, the most recent datapoint, “with more losses expected for 2013.”

Pew jobs online media

Cable news, which continues to garner a large percentage of advertising revenue, continued to drop in viewership.  Primetime ratings for CNN, Fox and MSNBC combined was 11 percent lower, dropping to nearly 3 million viewers, the lowest level since 2007.

“A new sense of optimism”

Pointing to positive developments in the media industry, the report notes with “a new sense of optimism” the addition of “a new breed of entrepreneurs” such as Jeff Bezos, who purchased the Washington Post, and Pierre Omidyar, who runs digital-only journalism sites under First Look media label.

Updated on

Previous article Baby Boomers More Confident About Retirement with Lifestyle Plan
Next article BlackRock Hedge Selector: For Hedged Exposure To UK Smid Caps
Mark Melin is an alternative investment practitioner whose specialty is recognizing a trading program’s strategy and mapping it to a market environment and performance driver. He provides analysis of managed futures investment performance and commentary regarding related managed futures market environment. A portfolio and industry consultant, he was an adjunct instructor in managed futures at Northwestern University / Chicago and has written or edited three books, including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008). Mark was director of the managed futures division at Alaron Trading until they were acquired by Peregrine Financial Group in 2009, where he was a registered associated person (National Futures Association NFA ID#: 0348336). Mark has also worked as a Commodity Trading Advisor himself, trading a short volatility options portfolio across the yield curve, and was an independent consultant to various broker dealers and futures exchanges, including OneChicago, the single stock futures exchange, and the Chicago Board of Trade. He is also Editor, Opalesque Futures Intelligence and Editor, Opalesque Futures Strategies. - Contact: Mmelin(at)

No posts to display